Author Archives: Syndicated Content
Japan’s yen jumps on suspected BOJ intervention, fails to keep gains
By Vidya Ranganathan and Kevin Buckland SINGAPORE (Reuters) - The Japanese yen made a thumping 4 yen jump for a second straight session on Monday on suspected early intervention by the Bank of Japan, ...
Oct 23, 2022
China’s YMTC asks core U.S. employees to leave due to chip export restrictions -FT
(Reuters) - Chinese chip maker Yangtze Memory Technologies Co (YMTC) Ltd has asked its U.S. employees in core tech positions to leave, as the company rushes to comply with the new U.S export restricti...
Oct 23, 2022
Australia flood crisis enters 3rd week as heavy rains lash east
SYDNEY (Reuters) - Already-flooded towns across Australia's east were on high alert on Monday after a weekend of heavy rains, with authorities warning a wild weather system could persist until later t...
Oct 23, 2022
Australia to cut economic growth forecasts on lower consumer spending
SYDNEY (Reuters) - Australia's economic growth is expected to slow sharply next financial year as rising inflation curbs household consumption, according to new forecasts to be unveiled by Treasurer J...
Oct 23, 2022
Tesla cuts starting prices for Model 3, Model Y in China
SHANGHAI (Reuters) - Tesla has cut starting prices for Model 3 and Model Y cars in China, its Chinese website showed on Monday. The starting price for Model 3 was reduced to 265,900 yuan ($36,727.03) ...
Oct 23, 2022
Japan Oct factory growth slows to 21-month low, but services pick up – flash PMI
TOKYO (Reuters) - Japan's factory activity growth slowed further to a 21-month low in October as relentless cost pressures torment manufacturers, but service-sector firms received a boost as the count...
Oct 23, 2022
Motor racing-Horner says Red Bull’s constructors’ crown means the world
By Alan Baldwin (Reuters) - Red Bull boss Christian Horner said winning the Formula One constructors' title had a special significance because of the tough times the team had been through since their ...
Oct 23, 2022
Motor racing-Energised Hamilton says he will return Mercedes to the top
(Reuters) - A second-place finish at the U.S. Grand Prix in Austin on Sunday appeared to energise Lewis Hamilton with the Mercedes seven-times world champion saying that when his team builds a more co...
Oct 23, 2022
Sovereign bond market turmoil to spill well into next year: Reuters poll
By Hari Kishan BENGALURU (Reuters) - Turmoil in global sovereign bond markets is set to persist for another six months to a year as central banks carry on raising interest rates to bring down inflatio...
Oct 23, 2022
Ukraine accuses Russia of blocking full implementation of grain deal
(Reuters) - Ukraine said seven vessels sailed off from its ports on Sunday carrying grain bound for Asia and Europe, but accused Russia of blocking the full implementation of Black Sea grain deal. "Ru...
Oct 23, 2022
